Stock Market Numbers

[code1211]

How many died from Swine Flu? Look, there is no way to spin this... it is, what it is... We will be over 200,000 on Nov 3rd...

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The methodology for counting deaths from the Swine Flu and from Coronavirus are so different that there is no way to compare the two.

 

[PNW Guy]

No. I don't.

I think he cares about the American Society and how to create the best options for people within the society to prosper.

:lamo

There's one born every day they say.... :2rofll:

 

[PNW Guy]

The methodology for counting deaths from the Swine Flu and from Coronavirus are so different that there is no way to compare the two.

There's also objectively no way to paint Trump's pandemic repsponse as anything but an epic failure.

 

[code1211]

Trump's 'murica 180K deahts and counting

China not yet 5K

#winning!:doh

Astonishing! The ignorance is astonishing!

 

[PNW Guy]

Astonishing! The ignorance is astonishing!

I know, how do you keep it up?:lamo

 

[code1211]

I don’t agree. Trump is going to lose by a big margin. He will declare it rigged. He will then tell us he is gonna “step down for the good of the country anyway.” He’s been a loser his whole life and that trajectory isn’t changing at 75.

What civil war? From the right wing softboys who sat and watched as government troops grabbed citizens off the street, their entire argument for having guns.


Sent from my iPhone using Tapatalk

Your assessment is unconnected to reality.

 

[Aunt Antifa]

Your assessment is unconnected to reality.

Trump’s entire life is right there for anyone to review. He is not a smart, savvy creature waiting to strike. He is a dumb rich kid who hasn’t suffered consequences so has no idea how badly he’s ****ing up.

It’s okay, peeps. I’ll be brave for you but just remember:

On election night, *I* get your portions of celebrating.

 

[code1211]

First, Democrats aren't socialists and repeating this lie will never make it true.
Second, the stock market isn't the economy. We have tens of millions out of work and Congress still hasn't renewed a rescue plan.
Third, the stock market indices gains are centered around a hand-full of gigantic companies, like Google, Apple, Amazon, etc. Most stocks are not participating in these gains.
Fourth, most Americans are not participating in these gains, since most people don't own stocks or hold sizable amounts of stocks.
Fifth, if you think a Covid-19 vaccine will be ready for injection in mid-October, I wonder what you are injecting into your arm. You are wishful thinking because you think a vaccine will insulate Trump from awful leadership and turn the election his way. In an interview, Fauci, who has also been involved with White House’s “Operation Warp Speed” vaccine program, said it may take until well into 2021 for vaccines to reach the much of the general public.
Meanwhile, 180,000 preventable American deaths are on the head of this so-called leader.

First, when he dropped out of the primaries, self identified Socialist, Bernie Sanders has been endorsed by about 40% of Democrat Voters in BOTH of the last two Presidential Election cycles.

Second, the Stock markets are forward looking indicators of what the economy will do.

Third, the stock market averages are averages of the companies in each exchange. They are what they are. ALL of them are way up vs mid march, 2020.

Fourth, 56% of ALL AMERICANS participate in 401K's. Additionally, pension funds are also invested on Stock Markets here and internationally.

Fifth, we are already at the pint in the Phases we would normally have reached in about mid 2023.

Your final point is empty and misinformed. The GOVERNORS, not the President, are in charge of the actual responses made in each state.

 

[code1211]

:lamo

There's one born every day they say.... :2rofll:

Once agin, your post is a waste of band width.

 

[code1211]

There's also objectively no way to paint Trump's pandemic repsponse as anything but an epic failure.

What has his support of the Governors actions done to impede their programs?

 

[code1211]

I know, how do you keep it up?:lamo

Another identical post.

 

[code1211]

Trump’s entire life is right there for anyone to review. He is not a smart, savvy creature waiting to strike. He is a dumb rich kid who hasn’t suffered consequences so has no idea how badly he’s ****ing up.

It’s okay, peeps. I’ll be brave for you but just remember:

On election night, *I* get your portions of celebrating.

Your opinion is uniformed.

 

[Aunt Antifa]

Your opinion is uniformed.

Your validation is overrated.

 

[Checkerboard Strangler]

It's good that you have the kind of money that allows you to play the market, but that's not the majority of people.



It's not even the majority of Trump voters.

 

[Vadinho]

That seems about as obvious a statement as any other.

What happens to our planet's temperature if the Sun goes away?

Gee, let me guess. Now this is even more profound, what happens if the earth disappears or one of the turtles we are standing on moves?

 

[PNW Guy]

Gee, let me guess. Now this is even more profound, what happens if the earth disappears or one of the turtles we are standing on moves?

If Trump could sell the sun to the Russians he would, at a discount.... :roll:

 

[chuckiechan]

The stock market is absolutely related to the economy. It tells us how well the listed companies are doing. If investors are confident, then they will buy equities. Even if the economy is in a downturn, the stock market indicates faith in the capacity of the economy to recover.

I admit, in recent years (mostly 2008 onward), the U.S. stock market patterns have not been based on fundamentals, i.e. financial reports, revenues, actual growth potential, etc. A lot of it has been based on hot air. I think a large part of this has to do with accessibility. You used to need a stock broker to participate and now it's all online, giving access to the average joe. The result is that there is less expertise playing the market, so the market largely no longer represents people who did proper research before buying stocks.

Government stimulus has created a bubble of sorts, by propelling us into the next cycle of bunk investing. It causes prices to rise which lets people profit, and then when the market collapses those profiteers buy up everything at cheap prices again. This has been the cycle since 2008. Rinse, lather, repeat. I would argue that the cycles are "designed" to transfer massive amounts of wealth to the 1%, but it lures the general public to participate based on faith -- and really, that's all the economy rests upon at the end of the day, is faith.

Which is why, despite the obvious flaws, I would not conclude that the stock market is totally disconnected from reality, the reason being that it still shows people's willingness to cast their lot, and right now the numbers are pretty good. For now, we are okay. My main concern is how the Fed is going to deal with its massive debt burden. That's an incoming train wreck.

A couple of ways.
The first is inflation. (Relative decline in the value of those debt dollars)

The second is getting wages up by creating a labor shortage. Higher wages mean more tax money. Higher employment means lower social costs. Breaking China’s grip on our production will help domestic wages and employment greatly.

We have three big expense items in the military budget: China, Russia, and Iran. Once Iran falls, we have two. NATO should be able to handle Russia. That leaves China and the China related arms race.

Lastly, tax policy has to change. Biden’s tax PDF had some decent ideas, albeit ham handed. But worth looking at is making capital gains regular income, and the FAG problem: consumption of taxable income via acquisition of competitors. Congress is looking at Facebook, Amazon, and Google.

I predict Trump may try some changes in his next term, but as long as Pelosi runs the House, I don’t see much getting done, but can only be a second term goal. You can’t get it done in the first.

 

[PNW Guy]

It's good that you have the kind of money that allows you to play the market, but that's not the majority of people.

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It's not even the majority of Trump voters.

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[Luce]

How's unemployment?

 

[Peter]

In the same month that 20 million Americans were made unemployed the stock market hit a record high.

I'm sure the 20 million were over the moon to see the stock market doing so well.

 

[RAMOSS]

The stock market is amoral. It just doesn't matter to the stock market if there's a pandemic shutting down businesses by the score, it could care less if people are waiting in lines at a food bank waiting for free food. The stock market is a long leading indicator. Investors, by the millions, are predicting with their money on what they expect in 12 months or so. Right now, they see new drugs, treatments, and vaccines in the pipeline. They are betting on a future economic recovery, people getting back to work and the business sector recovering. The stock market is the most reliable gauge of what the future will look like because the voters are betting their money and their financial security on it.

The stock market is showing signs of the money that Trump and the Republicans pumped into it to 'save' it. IT demonstrates the fact the stock market and the ecconomy are two different things. It's being artifically boosted right now with 'stimnulas' from the government, and when the sugar high cools off, and we try to , you know, actually control the deficit , it will have a huge correction.

 

[PNW Guy]

The stock market is showing signs of the money that Trump and the Republicans pumped into it to 'save' it. IT demonstrates the fact the stock market and the ecconomy are two different things. It's being artifically boosted right now with 'stimnulas' from the government, and when the sugar high cools off, and we try to , you know, actually control the deficit , it will have a huge correction.

Not to mention the staggering over valuation in the tech sector, another bubble to burst, that govmin't will HAVE to bail out cuz CHYNA!:shock:

 

[Checkerboard Strangler]

Not to mention the staggering over valuation in the tech sector, another bubble to burst, that govmin't will HAVE to bail out cuz CHYNA!:shock:

Is it "CHYNA" or "GYNAH"....sometimes he almost sounds like he's saying "GYNAH".
The other grating speech mannerism he has is "MII-YINZ" and "BII-YINZ".

It's that Putin ****-sucking shaped little piehole of his, it makes all his words sound funny, even though he has lots of wordz, the best wordz.

 

[Jetboogieman]

An unsurprisingly non-lucid post!

Oh, you have a different opinion on the stock market.

I would love to hear your valuable insight beyond "Trump Is Awesome!".

Please, I am looking to make some money.

 

[Patriotic Voter]

How's unemployment?

Terrible for everyone who can't live without more money, of course.